CAclubindia

Queries Replied : 2549

Myself JITENDER, graduated from Delhi University in first class and become a CHARTERED ACCOUNTANT in Nov-08.

I am currently working with Max Healthcare.

I am also a part of self study group known as "karwan" for young CAs on emerging issues like IFRSs, GST, etc.

I believe in the saying that " knowledge is not the power. It can be a power only & only when u put knowledge into the action".

I have the interest in Cricket, Chess and Politics too.

Thanks for vivsiting my profile.

What kinds of questions I can and can't answer?

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Vishnu Agarwal says : Related to SA
Sir, I have heard that Standards on auditing is applicable to Pcc exam May 2009.What is applicable to PCC Whether AAs or SA? Is there any amendment which is applicable to Pcc exam May 2009.Plz help me.

John says : hi sir please help
Dear sir, how r u doing?currently iam located at delhi.it was a pleasure that i had a good mentore lke you specially in term of make the salary structure .i would like continue you as my guru. i have a small doubt. example as per the fringe Benifite taxe . different iteam has different value ranging from 20% to 50%,100% suppose a company give fringe benifite to it employee say exmple telepone or moblie expance Total mobile bill=3000 value will considered 20% value of moble bill=3000*20%=600 Tax on 600 will be =600*6.73%= Rs.40 if the employer want to buck this tax (RS.40) to employee .the employee salary would decucted with Rs.40 as Fringe benifit tax any how. now my question is that if the employee has to pay the tax he will be already paying Rs.40 what will happen to remaining value of the total amount =3000-600=2400 ? what will happen to 2400 is it taxable in the hand of employee as taxable income. kindly help me out i am very much cofussed on this issue john raj

Bala Krishna. V says : treasurey a/c ?
Hi, Can any body help me in treasury accounting system i want to know totaly about treasury accounting

CA riya says : Help me sir
My principle terminated my friend with a date 31.10.2008.she cleared her second group in this exam.but as on 01.11.2008 she was nt in service.to be honest she cudn send the new deed with her new principal yet.I have heard that we ve to be in service as on 01.11.2008 to clear the exams.I feel she may ask her new principal to give her date of joining articleship as at 01.11.2008..IF HE REJECTS WHAT SHE CAN DO?In the results declared by institute she has cleared the exams..How institute will now be checking she has been in service as on 01.11.2008?What she can do?

NiDhI says : single or both grps?
sir .. i am a pcc student which is considered better . ? *scoring good in xams by giving it grp wise ( 1 grp in may and other in nov). or getting just pass marks but giving both groups in 1 attempt . (both grps in may)?? coz i have lot of syllabus of grp 2 to be covered and my attempt is due in may 09 .. my id is prab30aug@yahoo.com